India Financial News

—Name withheld on request The corpus amount of ₹3 crore will ask for a much higher investment. If we assign your present portfolio of ₹14 lakh for this goal at 10% per annum (p.a.) growth, it has the potential to reach approximately ₹36 lakh at the end of 10 years. If we assume a 12%p.a.

₹400 crore at present," he said. Looking ahead, Dish TV India envisions a future without traditional set-top-boxes, signalling a fundamental shift in its operational paradigm.

Pink Full Moon 2024: The Pink Full Moon, a rare celestial event, can be witnessed on Wednesday, April 23. However, the Pink Full Moon does not appear pink in colour. It will actually glow orange.

NEW DELHI : Indian companies directly or indirectly in business with European firms face a twin hurdle as Germany tightens its screws on a new law aimed at ensuring fair labour standards and environmental requirements. For Indian businesses already subject to Europe’s carbon tax, Germany’s supply chain rules would mean additional compliance and reporting costs, apart from fines and loss of business opportunities for any violations, industry experts told Mint.

₹12,000. This positions the device as one of the few smartphones in the sub- ₹15,000 category with fast charging capabilities, alongside the Realme P1 5G, Tecno Pova 5, and Realme 12X 5G.

Also Read: Unauthorised transactions in your Demat account? Here's what to do next Demat accounts are offered by the Depository Participants (DPs) who are registered with depositories such as CDSL and NSDL. DPs act as intermediaries between you and other key entities in the financial ecosystem, including depositories, stock exchanges, and clearing corporations.

in-flight entertainment content through its app on a trial basis for passengers traveling between Delhi and Goa. This move, starting from May 1, will mark the first time that IndiGo is providing such entertainment options to its customers. Trial Details and Features The trial, scheduled to last for three months, will allow passengers to access the in-flight entertainment content via the IndiGo app. However, to prevent interference with aircraft electronics, this service will be activated only after the aircraft reaches cruising altitude. Passengers will be required to use their personal headphones to enjoy the content.

Fractional ownership platforms have started the process of registering under SM REIT regulations, a month after Securities and Exchange Board of India (SEBI) notified these rules to govern small and medium real estate investment trusts (SM REITs) of income-generating and completed properties including commercial assets, rental housing, warehousing, and hotels. Integrated co-working firm EFC (I) Ltd plans to form an investment manager entity to manage assets and investments of SM REIT through a wholly owned subsidiary EFC Ltd. Others like Strata and WiseX are also taking similar steps. “With Sebi notifying amended regulations for SM REITs, investors can now have ownership of rent-yielding real estate assets by making a minimum investment of Rs 10 lakh. The move will help enhance transparency and boost participation of both domestic and foreign retail investors thereby leading to better liquidity in the market,” said Umesh Sahay, founder & CEO, EFC (I) Ltd.

Assam Jatiya Parishad (AJP) and Congress leaders, have called upon Assam Chief Minister Himanta Biswa Sarma to provide clarity on potential plans to relocate the Chakma community from Arunachal Pradesh to Assam. Recent remarks by Union Minister Kiren Rijiju have indicated that the Chakma community is exploring the possibility of seeking citizenship in Assam under the Citizenship Amendment Act (CAA). In response to these concerns, Chief Minister Himanta Biswa Sarma has affirmed that the central government has not held any discussions regarding the resettlement of Chakma and Hajong refugees in Assam. Rijiju, who represents Arunachal Pradesh in the Lok Sabha, has proposed relocating these refugees to Assam before they become eligible for Indian citizenship under the CAA. Sarma emphasized, «No Chakma or Hajong representatives have approached me, nor has the government of India raised this matter for discussion. I have discussed granting permanent resident certificates to certain Assam communities residing in Arunachal Pradesh.» Firmly asserting his position, Sarma stated, «Rijiju is not the Chief Minister of Assam; I hold that position.»

Amit Shah on Tuesday said the BJP used its majority in Parliament to nullify Article 370, ban instant triple talaq and bring a new citizenship law, and asserted the Modi government will never change the Constitution. Addressing an election rally in Akola in eastern Maharashtra in support of BJP candidate Anup Dhotre, Shah accused the Congress of putting hurdles in the construction of the Ram temple in Ayodhya. The senior BJP leader noted it was Modi who ensured that a grand and magnificent temple dedicated to Lord Ram was built in Ayodhya. Shah said the Modi government, on returning to office after the Lok Sabha polls, will bring citizens above 70 years under the ambit of the free health insurance cover of Rs 5 lakh and provide cooking gas cylinders directly to consumers. Shah slammed the INDIA alliance, saying they did not want the Ram temple to come up in Ayodhya.

Volkswagen has expanded its SUV lineup in India with the launch of two new variants of the popular Taigun model. According to a statement by the company, the new variants, namely the Taigun GT Line and Taigun GT Plus Sport, aim to provide Indian buyers with a more dynamic driving experience. Pricing and Features The Taigun GT Line, featuring a 1.0L TSI engine, is priced at Rs 14.08 lakh (ex-showroom), while the Taigun GT Plus Sport, powered by a 1.5L TSI engine, is priced at Rs 18.53 lakh (ex-showroom). Both variants offer a range of features and specifications to enhance the driving experience.

Schengen visa rules for Indians, the strength of Indian passport is arguably set to grow with travel to 29 European countries getting seamless and hassle-free. Incidentally, Indian passport is currently ranked at 85, as per Henley Passport Index for 2024 that ranks 199 nations based on the strength of their passports. Our neigbouring country Pakistan is ranked at 106, while Bangladesh at 102.

Akash Ambani, owner of Mumbai Indians, obligating a selfie request from a fan during an IPL match is going viral on social media and people are praising him for his humility. In the viral video, one can see that Akash Ambani, the eldest son of industrialist Mukesh Ambani—gesturing to a fan for his phone to take a selfie.

Kolkata (West Bengal) [India], April 23: In today's fast-paced world, high-configuration laptops and tablets are increasingly on the rise. Technology is indispensable, yet constantly evolving laptops can be a pricey investment. Enter ABCom Pvt.

Lok Sabha polls 2024, rising political tensions coincide with a sweeping heatwave affecting multiple states. The first phase of elections saw a turnout of 65.5%, a drop of 4.4% from 2019. The upcoming second phase, covering 13 states and Union Territories, faces additional challenges with heatwave warnings in parts of West Bengal, Bihar, Uttar Pradesh, and Karnataka.

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action plans for around 20 agricultural products including banana, mangoes, potato and baby corn to boost their exports and these are likely to be ready in the next 3-4 months. “We have identified 20 products. At present, India’s share is low in global exports. We are working on a detailed action for all these products,” said Rajesh Agarwal, additional secretary, department of commerce, adding that the action plan will be discussed with all the stakeholders including states for further action. Fresh grapes, pomegranate, watermelon, guava, green chilly, capsicum, okra, garlic, onion, groundnut, alcoholic beverages, cashew nut, buffalo meat, jaggery, natural honey, and ghee are the other products included in the exercise as India aims to increase its share in global exports to 4-5% in the next few years from 2.5% now.

Morgan Stanley, a global investment banking firm, has expressed optimism about India's economic growth prospects, citing robust domestic demand. The firm remains positive about the growth outlook, expecting India's GDP to grow at 6.8% in the current financial year 2024-25 and 6.5% in 2025-26. Inflation and Current Account Deficit Morgan Stanley predicts that inflation will remain around 5% in the second quarter, before easing to 4.1% in the second half of 2024. For the next financial year, it anticipates retail inflation to average 4.5%. The firm expects the current account deficit to stay within 1-1.5% of GDP in 2025-26, supported by strong service exports.

Full Moon, commonly known as the “Pink Moon”, coincides with the peak of the Lyrid meteor shower this year, potentially overshadowing the annual display of shooting stars. The Moon will appear full for approximately three days, from Monday to Thursday morning. The timing of the Full Moon varies depending on one's time zone. In India, the Moon's brightness will reach its maximum on Wednesday, April 24, at 5.18 am (IST), according to Time and Date. Meanwhile, in the eastern United States, it will occur during the evening hours of April 23, at 7.49 pm (Eastern Daylight Time). The name “Pink Moon” for the Full Moon in April originates from the pink wildflowers that bloom in early spring. This association is mentioned in the Maine Farmers' Almanac, an annual American periodical. Additionally, the April Full Moon is known by various other names, such as the Sprouting Grass Moon, Egg Moon, and Fish Moon among coastal tribes, signifying shad spawning as they swim upstream.

KPI Green Energy, have surged 450-500 per cent over the last year. Some others, such as SRM Energy, SJVN, JP Power Ventures and Adani Power have jumped 200-350 per cent in the same period. There are over 15 stocks in the renewable energy space that have jumped more than 100 per cent in the last one year.

PTI's report citing an official, the commerce ministry has sought technical details, analytical reports and the details of the exporters whose consignments have been rejected. Details from Singapore Food Agency and Centre for Food Safety, and Food and Environmental Hygiene Department, Hong Kong have also been sought, the official said.